Dąbrowa Górnicza, Poland

Financial Management and Accounting

Zarządzanie finansami i rachunkowość

Master's
Table of contents
mlody-menedzer-finansowy-omawia-wyniki-przy-flipcharcie

⇑Financial Management and Accounting at AWSB

Language: PolishStudies in Polish
Subject area: economy and administration
Kind of studies: full-time studies
  • Description:

  • pl

⇑Why study Financial Management and Accounting at master's level at WSB University?

Dlaczego warto studiować w Akademii WSB
Why study it:

Financial Management and Accounting at WSB University (Akademia WSB) is a four-semester master's programme taught in English. It is meant for graduates interested in corporate finance, accounting, controlling and financial analysis who want to work in an international business environment.

Programme: finance, accounting and strategy

The curriculum covers corporate finance, financial and management accounting, controlling, economic analysis, financial planning, reporting, performance management and audit, together with strategic issues. You learn to interpret financial data, support decision-making and use modern analytical and financial tools. At the same time you become fluent in the specialist English of finance, working the way financial specialists and managers do in international teams. You evaluate investments, plan strategies and manage risk in a way that mirrors the work of finance teams in international business, aiming at expert and managerial positions.

Specialisation: one focused specialisation

Financial Management and Accounting is the specialisation offered within the programme. It concentrates on modern financial management, accounting and financial analysis, and on supporting strategic business decisions in organisations. It suits graduates interested in corporate finance, controlling and the processes that support the management of an organisation.

Placements: case studies and team projects

The programme includes practical elements such as:

  • workshops and case studies based on real business examples
  • team projects
  • work placements
  • classes led by experts and practitioners from the financial, accounting and advisory sectors
  • analysis of real economic situations and interpretation of financial data, so you can use what you learn at work while still studying

After graduation: finance roles in many sectors

After the studies

  • RolesFinancial Analyst, Controller, Accounting Specialist, Finance Manager, financial consultant
  • Workplacescompanies, financial institutions, consulting firms, finance and accounting departments, and international organisations
  • Competencesfinancial, analytical, managerial and communication skills valued by employers

Based on the programme pages at wsb.edu.pl.

⇑Test: Is Financial Management and Accounting the right fit for you?

finance-graduates-discussing-a-budget-at-a-conference-table

10 questions · two minutes

1. In your first job you’re asked to draw up your department’s budget for next year. How do you go about it?

2. The quarterly results are well off budget. What do you do?

3. How do you feel about costing – allocating costs to products and departments, for example?

4. Classes, case studies and reading will be in English, and you’ll do projects in a team with people from different countries. How does that sound?

5. Your manager asks whether the company should make a component in-house or buy it from a supplier. What do you do?

6. How do you view managing a company’s liquidity?

7. You have to present the results of a financial analysis to the board. How do you do it?

8. How do you see the role of IT tools in finance, such as ERP systems and data analytics?

9. Where do you see yourself after your Master’s?

10. What motivates you most to pursue a Master’s degree in Financial Management and Accounting?

⇑Definitions and quotes

Accounting
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Financial Management
Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Accounting
These experiences are not 'religious' in the ordinary sense. They are natural, and can be studied naturally. They are not 'ineffable' in the sense the sense of incommunicable by language. Maslow also came to believe that they are far commoner than one might expect, that many people tend to suppress them, to ignore them, and certain people seem actually afraid of them, as if they were somehow feminine, illogical, dangerous. 'One sees such attitudes more often in engineers, in mathematicians, in analytic philosophers, in book keepers and accountants, and generally in obsessional people'.
The peak experience tends to be a kind of bubbling-over of delight, a moment of pure happiness. 'For instance, a young mother scurrying around her kitchen and getting breakfast for her husband and young children. The sun was streaming in, the children clean and nicely dressed, were chattering as they ate. The husband was casually playing with the children: but as she looked at them she was suddenly so overwhelmed with their beauty and her great love for them, and her feeling of good fortune, that she went into a peak experience . . .
Colin Wilson in New Pathways In Psychology, p. 17
Accounting
Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods.
Kenneth Boulding (1958, p. 95) as cited in: Edward Stamp, Michael J. Mumford, Ken V. Peasnell (1993) Philosophical Perspectives on Accounting. p. 147.
Accounting
The accounts of money, supplies and provisions should then be considered. The overseer should report what wine and oil has been sold, what price he got, what is on hand, and what remains for sale. Security should be taken for such accounts as ought to be secured. All other unsettled matters should be agreed upon. If any thing is needed for the coming year, it should be bought; every thing which is not needed should be sold. Whatever there is for lease should be leased.
Cato the Elder. De Agri Cultura, about 160 BC. Of the duties of the owner.

Contact:

ul. Cieplaka 1c
41-300 Dąbrowa Górnicza
Tel. +48 32 295 93 16
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